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US Dollar Caught Between Many Fronts

Since 1979, Iran’s revolutionary regime has been the nemesis of eight American Presidents. None could tame its political furies; its covert operations, which killed more than a thousand Americans in Lebanon, Iraq, and A…

Finance

Chinese Yuan: Targeting 6.7200 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a downside bias on USD/CNH after the pair dipped to 6.7180 and closed near 6.7210. Intraday, they expect any further weakness to be limited within 6.7150–…

Finance

Japanese Yen: Focus shifts to BoJ path – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note that the Japanese Yen (JPY) is slightly softer versus the US Dollar (USD), with USD/JPY trading between 158.00 support and resistance in the upper‑159s. Market …

Finance

EUR/USD Price Forecast: 1.1700 caps bulls as RSI overheats

The shared currency registers minimal losses of 0.13% versus the US Dollar as EUR/USD fails to surpass 1.1700, exacerbating the drop towards the 1.1660 area, despite retaining its current neutral-to-upward bias.

Finance

Gold rallies as Iran sanctions stoke haven demand

Gold (XAU/USD) price resumes its advance on Monday and refreshes three-month highs at $4,681 as US Treasury Secretary Scott Bessent crosses the wires to reveal sanctions on Iran-linked entities, while investors await a …

Finance

GBP/USD Holds Above 1.3660 as the 1.3817 High Comes Into View

GBP/USD is trading at 1.3675 in the early London session, holding the midrange of the 1.3600s and sitting just beneath six-month highs. That marks the fourth consecutive session of gains for sterling against the dollar,…

Finance

The Dollar Index takes its orders from the Treasury

A currency whose central bank has held five times, prices no cut this year and still carries an increase by December should not be sitting at the bottom of its three-month range. The Dollar Index trades near 99.00, up 0…